Al Rajhi REIT Fund (SAU:4340) Operating Margin %: 57.63% (As of Dec. 2025) — 11% Below Median

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SAU:4340 Al Rajhi REIT Fund SAU:4340
68 GF Score
Price ﷼8.21
GF Value ﷼7.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Al Rajhi REIT Fund Operating Margin %?

Al Rajhi REIT Fund SAU:4340 68 Operating Margin % is 57.63% as of Dec. 2025, which is 11% below its 10-year median of 64.42. GuruFocus rates SAU:4340 with a GF Score™ of 68/100 and a GF Value™ of ﷼7.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 743 REITs companies, Al Rajhi REIT Fund ranks better than 64.33% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Al Rajhi REIT Fund's Operating Income for the six months ended in Dec. 2025 was ﷼67.3 Mil. Al Rajhi REIT Fund's Revenue for the six months ended in Dec. 2025 was ﷼116.8 Mil. Therefore, Al Rajhi REIT Fund's Operating Margin % for the quarter that ended in Dec. 2025 was 57.63%.

Good Sign:

Al Rajhi REIT Fund operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Al Rajhi REIT Fund's Operating Margin % or its related term are showing as below:

SAU:4340' s Operating Margin % Range Over the Past 10 Years
Min: 59.88   Med: 64.42   Max: 73.72
Current: 61.33


SAU:4340's Operating Margin % is ranked better than
64.33% of 743 companies
in the REITs industry
Industry Median: 52.72 vs SAU:4340: 61.33

Al Rajhi REIT Fund's 5-Year Average Operating Margin % Growth Rate was 0.70% per year.

Al Rajhi REIT Fund's Operating Income for the six months ended in Dec. 2025 was ﷼67.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ﷼141.7 Mil.


Al Rajhi REIT Fund  (SAU:4340) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Al Rajhi REIT Fund Operating Margin % Related Terms


Al Rajhi REIT Fund Operating Margin % Historical Data

* Premium members only.

The historical data trend for Al Rajhi REIT Fund's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Al Rajhi REIT Fund Operating Margin % Chart

Al Rajhi REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 59.88 72.47 67.74 64.85 61.32

Al Rajhi REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.64 66.56 63.19 65.09 57.63

SAU:4340 vs VICI, WPC: Operating Margin % Comparison

For the REIT - Diversified subindustry, Al Rajhi REIT Fund's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Al Rajhi REIT Fund Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Al Rajhi REIT Fund's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Al Rajhi REIT Fund's Operating Margin % falls into.


SAU:4340
68GF Score
Al Rajhi REIT Fund SAU:4340
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Rajhi REIT Fund Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Al Rajhi REIT Fund's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=141.704 / 231.072
=61.32 %

Al Rajhi REIT Fund's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=67.296 / 116.764
=57.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 57.63% mean?
Al Rajhi REIT Fund (SAU:4340) has a Operating Margin % of 57.63% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Al Rajhi REIT Fund and its competitors. This is 11% below median its historical median of 64.42. Over the past decade, Al Rajhi REIT Fund's Operating Margin % has ranged from 59.88 to 73.72. According to the industry distribution chart, Al Rajhi REIT Fund ranks #265 out of 743 companies in the REITs industry, placing it in the top 35.7%.
Is Al Rajhi REIT Fund's Operating Margin % too high?
Al Rajhi REIT Fund's current Operating Margin % of 57.63% is 11% below median its 10-year median of 64.42. Over the past 10 years, this metric has ranged from a low of 59.88 to a high of 73.72. The REITs industry median Operating Margin % is 52.72. Al Rajhi REIT Fund's value of 57.63% is 9.3% above this industry median. Based on the distribution chart, Al Rajhi REIT Fund ranks #265 out of 743 companies in the REITs industry, which is above the industry midpoint. Overall, Al Rajhi REIT Fund has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Rajhi REIT Fund's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Al Rajhi REIT Fund ranks #265 out of 743 companies for Operating Margin %. This puts Al Rajhi REIT Fund in the upper half of its industry. The industry median Operating Margin % is 52.72. Al Rajhi REIT Fund's value of 57.63% is 9.3% above this benchmark. Historically, Al Rajhi REIT Fund's own Operating Margin % has ranged from 59.88 to 73.72 over the past decade. While the company's 10-year median is 64.42 vs. the industry median of 52.72, Al Rajhi REIT Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.72, based on 743 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Rajhi REIT Fund's current Operating Margin % of 57.63% is 9.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Al Rajhi REIT Fund and its competitors. For the REITs industry, the median Operating Margin % is 52.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Rajhi REIT Fund's current Operating Margin % is 57.63%, which is 11% below median its own 10-year median of 64.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Rajhi REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Al Rajhi REIT Fund (SAU:4340) is currently considered Fairly Valued. The stock's GF Value™ is ﷼7.94, compared to a current price of ﷼8.21 — trading 3.4% above its estimated fair value. The current Operating Margin % is 57.63%, which is 11% below median its 10-year median of 64.42 and 9.3% above the REITs industry median of 52.72. Al Rajhi REIT Fund's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Al Rajhi REIT Fund (SAU:4340), the current Operating Margin % is 57.63% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Al Rajhi REIT Fund (SAU:4340) Overvalued in 2026?

Based on GuruFocus' analysis, Al Rajhi REIT Fund stock appears to be overvalued. The current stock price of ﷼8.21 is trading 3.4% above its estimated GF Value™ of ﷼7.94. GuruFocus considers Al Rajhi REIT Fund to be Fairly Valued.

Key valuation signals for SAU:4340:

  • Operating Margin %: 57.63% (11% below median its 10-year median of 64.42)
  • GF Value™: ﷼7.94 vs. price of ﷼8.21 (3.4% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 9.3% above the REITs median (#265 of 743)

No single metric tells the full story. See the SAU:4340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Rajhi REIT Fund Business Description

Industry Real EstateREITs
Address King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432
Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages International, regional, and local mutual funds. Investment Banking provides a comprehensive range of strategic financial advisory services, including debt and equity structuring and arranging, to assist clients in achieving their business and financial objectives. The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.
68GF Score

Get the complete analysis for SAU:4340

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼8.21
Price
﷼7.94
GF Value